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mylen [45]
3 years ago
15

Merchandise is ordered on june 13; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed by th

e seller on june 18; the merchandise is received by the buyer on june 19; the entry is made in the buyer's accounts on june 16. the credit period begins with what date
Business
1 answer:
scoundrel [369]3 years ago
4 0

June 18th.

The date that the buyer receives the item is not important for the credit period, which starts the day the items are send out and invoiced.

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which of the following is a benefit of a college education? A. You collect social security benefits at an earlier age than a hig
slega [8]

Answer:

The correct option is;

B. You have an increased chance of financial stability

Explanation:

The advantages of going to college includes;

1) College graduates make more salary on average

2) Holding a college degree improves career stability

3) Improved job satisfaction

4) Improved financial know how on savings and investment

5) Stable marital life

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3 years ago
28. Callable bonds generally: A. grant the bondholder the option to call the bond any time after the deferment period. B. are ca
SIZIF [17.4K]

Answer:

E. have a sinking fund provision

Explanation:

Callable bonds are the one wherein the issuer/borrower has an option to redeem the bonds anytime after an initial stipulated period. In case of such bonds, if the issuer decides to redeem the bonds, the holders have to accept the redemption value.

Usually, when market rate of interest on such bonds falls below the coupon rate of such bonds, the issuer redeems such bonds. Thus, such bonds are beneficial to the issuer.

Call protection refers to the period within which such bonds cannot be called or redeemed.

Sinking fund provision refers to transferring a portion of money during the duration of such callable bonds to a separate reserve known as sinking fund, which is created for the purpose of redemption of funds. So when such bonds are to be called, the total money transferred to sinking fund reserve would be raised and used for payment to bondholders.

Creation of such a reserve helps the issuer avoid the pressure of lump sum payment as periodically funds are set aside for the purpose of redemption.

4 0
3 years ago
What factors are encouraging financial institutions to offer overlapping financial services such as banking, investment banking,
Anna11 [10]

Answer:

B. I and II only

Explanation:

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7 0
3 years ago
The ______________card can be used anywhere.
Assoli18 [71]

Answer:

Multi-purpose credit is the answer

Explanation:

8 0
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Given the recent events in the US Airways and American Airlines merger, one has to wonder, is the airline industry monopolistic?
Luba_88 [7]

Answer:

in terms of which is worse, "monopoly" is bad for both the consumers and the industry, while a competitive market is good for consumers and the industry alike, however, it is not "perfect". there has to be regulations and a sort of a control.

anyhow, a monopoly is bad then a single corporation has the total power from the supply side and this can lead to unnecessary price increases, lower quality products, industrial malpractices, national  level frauds, etc, etc...

because of this, we always say a monopoly is bad, even if it is a government sector monopoly. many nations have laws and rules to ensure no monopolies will arise.

in USA, we call such rules, Anti-trust laws.

Explanation:

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